Convert Maldivian Rufiyaa MVR to Collaterize COLLAT

MVR to COLLAT: 1 Maldivian Rufiyaa converts to 63.49 COLLAT

MVR
Buy Collaterize

About Collaterize

Collaterize is climbing this week. The current price of Collaterize is MVR 0.01575 per COLLAT. With a circulating supply of 999,906,689.982 COLLAT, it means that Collaterize has a total market cap of MVR 15,795,023.88. The amount of Collaterize traded has risen by MVR 6,198,184.78 in the last 24 hours, which is a 46.54% increase. Additionally, in the last day, MVR 13,316,558.61 worth of COLLAT has been traded.

The exchange rate of Collaterize is increasing. The current value of 1 COLLAT is MVR 0.01575 MVR. In other words, to buy 5 Collaterize, it would cost you MVR 0.07875 MVR. Inversely, MVR 1.00 MVR would allow you to trade for 63.49 COLLAT while MVR 50.00 MVR would convert to 3,174.68 COLLAT, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 34.99%. Meanwhile, in the last 24 hours, the rate has changed by 1.13%, and that the highest exchange rate of 1 COLLAT to MVR was MVR 0.01656 MVR and the lowest 24 hour value was 1 COLLAT for MVR 0.01482 MVR. Last month, 1 COLLAT was worth MVR 0.02704 MVR. Today, it's down 41.55%. Looking back a year, Collaterize has changed by MVR 0.8908 MVR. That means that in a single year, the value of Collaterize has shrank by 98.23%.

Collaterize Market Stats

What Is Collaterize ($COLLAT)? Collaterize is a platform focused on the tokenization of real-world assets (RWA) that integrates three primary components: a mobile application, a custom Layer 1 (L1) solution, and a Solana-based token. The project aims to provide an accessible, secure, and efficient method for converting tangible assets into digital tokens while democratizing tokenization and creating an inclusive financial ecosystem accessible even to users without prior blockchain knowledge. Platform Components and Functionality Collaterize App: The Collaterize mobile application serves as the primary interface for users. It allows asset owners to initiate the tokenization process, manage their digital assets, and track transactions in real time. The app is designed with usability in mind, ensuring that both individuals and institutions can navigate the tokenization process with ease, regardless of their technical background. Collaterize L1: In addition to the mobile application, Collaterize has developed its own Layer 1 solution. This custom-built L1 is specifically engineered to handle the requirements of asset tokenization, including secure recording and verification of asset data. By isolating the tokenization process from other blockchain operations, the L1 improves overall efficiency and security. It is an integral part of the platform, ensuring that tokenized assets are managed in a controlled environment. Solana Token ($COLLAT): The token $COLLAT is deployed on the Solana blockchain. Solana was chosen for its low transaction fees and high-speed processing capabilities. The $COLLAT token is an essential element of the platform, linking the mobile app and the L1 solution through cross-chain mechanics. User Benefits This cross-chain approach provides users with several distinct benefits: Early Access to RWA Presales: Holders of $COLLAT gain early access to presale events for tokenized real-world assets. This benefit provides the opportunity to participate in asset tokenization before it becomes widely available. Lower Transaction Fees on RWA Services: Users interacting with the Collaterize platform benefit from reduced fees when dealing with tokenized assets. This cost efficiency is designed to encourage greater user engagement and broader adoption of the platform. Boosted RWA APY: The platform offers enhanced annual percentage yields (APY) for investments in tokenized assets. This incentive is structured to reward active participation within the ecosystem. Governance and Community Involvement Collaterize emphasizes a community-driven approach. The platform provides a governance framework in which $COLLAT token holders can vote on proposals that affect future platform developments and protocol upgrades. This governance structure is intended to ensure that the direction of the project reflects the interests of its community. Project Overview Launched by a team based in France, Collaterize combines traditional asset management with modern blockchain technology. The project aims to bridge the gap between physical assets and digital finance by providing a structured, transparent, and secure process for asset tokenization. At its core, Collaterize seeks to democratize tokenization and build an inclusive financial system that is accessible to everyone, regardless of their expertise in blockchain technology.

MVR 0.01575Price
MVR 15.8MMarket cap
MVR 13.32MVolume (24h)
999.9M COLLATCir. Supply

Conversion tables

MVR to COLLAT values from Today at

MVR 0.50 MVR = 31.75 COLLAT
MVR 1.00 MVR = 63.49 COLLAT
MVR 5.00 MVR = 317.47 COLLAT
MVR 10.00 MVR = 634.94 COLLAT
MVR 50.00 MVR = 3,174.68 COLLAT
MVR 100.00 MVR = 6,349.37 COLLAT
MVR 500.00 MVR = 31,746.85 COLLAT
MVR 1,000.00 MVR = 63,493.69 COLLAT

COLLAT to MVR values from Today at 9:17 pm

0.5 COLLAT = MVR 0.007875 MVR
1 COLLAT = MVR 0.01575 MVR
5 COLLAT = MVR 0.07875 MVR
10 COLLAT = MVR 0.1575 MVR
50 COLLAT = MVR 0.7875 MVR
100 COLLAT = MVR 1.57 MVR
500 COLLAT = MVR 7.87 MVR
1,000 COLLAT = MVR 15.75 MVR

MVR to COLLAT over time

MVR
Today
24H
-6,421.58%
1M
-3,698.26%
1Y
-112.26%
0.5 MVR
31.75 COLLAT
32.11 COLLAT
18.49 COLLAT
0.5613 COLLAT
1 MVR
63.49 COLLAT
64.22 COLLAT
36.98 COLLAT
1.12 COLLAT
5 MVR
317.47 COLLAT
321.08 COLLAT
184.91 COLLAT
5.61 COLLAT
10 MVR
634.94 COLLAT
642.16 COLLAT
369.83 COLLAT
11.23 COLLAT
50 MVR
3,174.68 COLLAT
3,210.79 COLLAT
1,849.13 COLLAT
56.13 COLLAT
100 MVR
6,349.37 COLLAT
6,421.58 COLLAT
3,698.26 COLLAT
112.26 COLLAT
500 MVR
31,746.85 COLLAT
32,107.90 COLLAT
18,491.32 COLLAT
561.31 COLLAT
1,000 MVR
63,493.69 COLLAT
64,215.80 COLLAT
36,982.63 COLLAT
1,122.61 COLLAT

Frequently asked questions

Right now, 1 Collaterize is worth about MVR 0.01575.

Based on the current rate, you could get 63.49 COLLAT for 1 MVR.

Collaterize price has been on the rise. Since yesterday, the exchange rate of Collaterize has increased. Since last month, the exchange rate of Collaterize has decreased. Since this time last year, the price of Collaterize has decreased.

You can use our COLLAT to MVR calculator at the top of this page to convert any amount of COLLAT to MVR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MVR is equivalent to 317.47 COLLAT. Inversely, 5 COLLAT will cost about MVR 0.07875

Collaterize can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Collaterize.

There are a number of crypto assets that have the a similar or comparable market cap to Collaterize, including Panther Ai, PINs Network Token, and Ten Best Coins. For a more robust list of assets to explore, jump to the asset page dedicated to Collaterize.

Related conversions

Start your crypto portfolio today

Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.